The following is an Op-Ed to "The Wall Street Journal", "The New York Times", and "The Dallas Morning News" that explains how the U.S. Government is using a fraudulent fiscal policy and accounting system to dramatically enrich themselves and to colossally enrich the U.S. upper class.

The "news media" has an ethical responsibility to inform the general public of how the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can "feather their own nests" and "dramatically feather the nests of their upper-class friends".

Read My Lips!The U.S. Government likes the U.S. upper class better than the U.S. Common Man!April 19, 2017

Infinite wealth to the U.S. upper class!Infinite wealth to the U.S. upper class!Infinite wealth to the U.S. upper class!

The U.S. Government is printing counterfeit money and giving it to the U.S. upper class.

The U.S. Government is printing counterfeit money to overpay itself.

The U.S. Government is promising government benefits to the U.S. Common Man but is not funding these promises so that it can overpay itself and enrich the U.S. upper class.

The U.S. Government is borrowing faux money from the future Americans and giving it to the U.S. upper class. This is a very simple technique to enrich their U.S. upper class friends. But now the future Americans have a $105.8 Trillion tax bill that they cannot pay. The future Americans have an infinite supply of counterfeit money so this fraud can, in theory, go on forever.

But how long can this fraud continue? GAAP Accounting shows that the U.S. Government borrowed $105.8 Trillion from the future Americans and given it to the U.S. upper class by undertaxing them. Why does the U.S. Government choose to colossally enrich the 1% club rather than giving every American the same amount of counterfeit money. If they are going to cheat by printing counterfeit money why don't they give every U.S. citizen the same amount of counterfeit money. The U.S. Government just happens to like the U.S. upper class much better than the U.S. Common Man.

This fraud will give the U.S. upper class an infinite amount of counterfeit money. This is a Ponzi scheme and the indebtedness of a Ponzi scheme increases geometrically until the Ponzi scheme implodes.

The U.S. Government is corrupt! The senior officials of the U.S. Government are criminals! The U.S. Government is committing fiscal and accounting fraud by not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting).

By not using GAAP Accounting, sometimes called "Accrual Accounting", the U.S. Government is not adequately "accruing for" (putting money into a trust fund) the government benefit promises that it has made to the U.S. citizenry. The U.S. Government is undertaxing the U.S. upper class by $105.8 Trillion as of April 19, 2017 and has deferred $105.8 Trillion of public liabilities to the future Americans. The U.S. Government has borrowed $105.8 Trillion from the future Americans and has given $105.8 Trillion to the U.S. upper class with GAAP basis deficit spending.

The future Americans now owe the U.S. Government $105.8 Trillion and the current Americans, primarily the U.S. upper class, have gained $105.8 Trillion because they have been undertaxed by $105.8 Trillion. I called this $105.8 Trillionimaginary-counterfeit money because the U.S. Government is imagining that the future Americans can pay this $105.8 Trillion of US Unfunded Liabilities (GAAP) but these deferred public liabilities can never be paid so this is counterfeit money. The U.S. upper class is appearing to the very rich with imaginary-counterfeit money that the U.S. Government has created out of "thin air" by imagining that the future Americans can pay an infinite amount of taxes forever.

So now "Read My Lips"; the U.S. Government is borrowing imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class. As of April 19, 2017, the U.S. Government has borrowed $105.8 Trillion from the future Americans and given it to the U.S. upper class. Every day the U.S. Government gives the U.S. upper class another $15.32 Billion because the GAAP basis deficit in FY2017 is estimated to be $5.59 Trillion ($5.59T/365 = $15.32B).

The U.S. Government has given the U.S. upper class $105.8 Trillion by operating with Cash Accounting rather than the proper GAAP Accounting. This is a classic Ponzi scheme; give money to the early participants in the scheme by using money that is expected to come in from the later participants in the scheme. GAAP Accounting currently reports that the U.S. Government is short by $105.8 Trillion of having enough money to pay for what it has already spent (National Debt of $19.9 Trillion) and what it has promised to spend (US Unfunded Future Liablities of $85.9 Trillion).

The U.S. upper class is getting richer and richer because the U.S. Government is committing fiscal and accounting fraud. The U.S. Government is enriching itself and is colossally enriching its U.S. upper class friends. The U.S. Government accomplishes this by making promises to the U.S. Common Man, that it has no intention of keeping, so that it can overpay itself and enrich its closest friends, the U.S. upper class.

The U.S. Government likes its U.S. upper class friends a lot more than it likes the U.S. Common Man. Probably because by making the U.S. upper class very rich, the U.S. upper class can make big contributions to their political campaigns, make big contributions to their foundations, pay them big book fees and speaking fees, and give them good jobs as employees, board members, and lobbyists when they retire from "government service"?

Every day, the U.S. Government is borrowing/stealing $15.32 Billion of imaginary-counterfeit money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class. That is why the U.S. upper class is so rich, has big houses, has big cars, and enjoys an opulent lifestyle. For the last 48 years the U.S. Government has been fraudulently borrowing imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class.

The senior officials of the U.S. Government are common criminals because they are skimming off a little bit ($19.9 Trillion so far) of this imaginary-counterfeit money so that they can overpay themselves.

Can you read my lips?Can you hear me now?

Now what do you think about the people we have elected to operate the U.S. Government?

The U.S. Government is promising government benefits to the general public but is not taxing the U.S. upper class enough to pay for these government benefit promises. Because of this fiscal and accounting fraud, the U.S. Government has given the U.S. upper class $105.8 Trillion, has overpaid the U.S. ruling class by $19.9 Trillion, and has underfunded the government benefit promises to the U.S. Common Man by $85.9 Trillion.

This is a Ponzi scheme (USAPonzi) that is borrowing a geometrically increasing amount of imaginary-counterfeit money from the future Americans and giving it to the current Americans but the U.S. upper class is getting almost all of this money. The U.S. upper class is appearing to get super rich simply because the U.S. Government is fraudulently borrowing faux money from the future Americans. This is fraud because the future Americans do not have $105.8 Trillion. The U.S. Government is imagining that the future Americans can pay an infinite amount of taxes forever. This is a classic Ponzi scheme.

Simple accounting fraud is causing the U.S. upper class to appear to be super rich.

Just think about that, the U.S. Government has given its U.S. upper-class friends $105.8 Trillion of imaginary-counterfeit money while cheating the U.S. Common Man by promising government benefits but underfunding these promises by $85.9 Trillion. And yet they still have the unmitigated gall to borrow $19.9 Trillion from the fraudulently enriched U.S. upper class to overpay themselves.

The U.S. Government is being run by a bunch of criminals!

The U.S. Government likes the U.S. upper class a lot better than the U.S. Common man!

This U.S. Government fraud can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government.

I have published a website www.usaponzi.net that explains how this fraud works to create a massive global wealth and income gap between the haves and the have-nots and to create false wealth and prosperity for the current Americans.

This is the biggest ($105.8 Trillion) financial fraud ever perpetrated, I call it "USAPonzi: The Ultimate Government Fraud" and it is "The Biggest Ponzi Scheme on the Planet"!